Ebay Acquires NFT Marketplace as It Expands Into Digital Collectibles

Ebay is buying non-fungible token (NFT) marketplace KnownOrigin in a bid to broaden its inventory of collectibles into the virtual realm. The online auction site said this week that it has closed a deal to purchase the U.K.-based startup for an undisclosed sum. The acquisition comes after Ebay began allowing NFT sales last year and…

(SOURCE) https://www.adweek.com/commerce/ebay-acquires-nft-marketplace-as-it-expands-into-digital-collectibles/

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